Breaking News
http://prezi.com/3oybq3ecs6jz/french-financial-crisis/
Interesting Facts about the French Revolution
In the Bastille Invasion, 1789, which was the spark of the French Revolution, was the most fearful prison in France. However, when the commoners stormed into the prison, only seven prisoners were held in it.
The national anthem of France is “Song of the Army of the Rhine” was a song written by Rouget-de-l’Isle and sung by the Marseille soldiers at war time.
In 1793 to 1794, during the Reign of Terror, led by Robespierre, about 18,000 citizens were executed by the guillotine.
Information took February 19, 2011 - All these protests are from 2011
Egypt - 365 dead, 5,500 wounded
-Against Hosni Mubarak
Libia - 84 dead (in 3 days)
-Against Muammar Kadafi (in power for 41 years)
Bahrein - 3 dead
- Against Hamad bin Isa Al Khalifa
Tunisia - 234 dead, 510 wounded
-Against Zine El Abidine Ben Ali
Iran - Against theocratic regime
- Mahmoud Ahmadinejad
Other protests in: Iraq, Belgium, Algeria, Yemem, and Jordania.
Protest succeeded: Tunisia and Egypt
Mr. Kinzer's Economy
I found a song related to the idea of Mr. Kinzer's ideal economy, where money could be eliminated, and everyone could just share their wants and needs.
Price Tag - Jessie J ft. B.O.B.
http://www.youtube.com/watch?v=uAQjWgQAyfg
Lyric's Highlights
'We don't need your money'
'Forget about the price tag.'
(Eliminate money)
'Why is everybody so obsessed, money can't us happiness.'
(True, however, it does in the world we live now)
'Well keep the price tag, and take your cash back.'
'Just give me 6 strings and a half-stack.'
'We do this for the love so we fight and sacrifice.'
(We do what we love, so we fight and sacrifice on doing what we want, in this case would be of singers, only wanting a guitar and a sound equipment)
Kaohsiung Pictures
http://prezi.com/v-ovofbgukue/kaohsiung-pictures/
Past, Present, and Future Economics
Since the genesis of the world, everyone always had their wants and needs. Needs as water, food, and shelter and wants as what you would like to have, but there is no need for it to survive. From this concept of people demanding things, a system was created, Economy. From the past, the word economy has come from Ancient Greek, oikonomia, meaning administration. Using the Greeks as an example, they were one of the first populations to have markets, the vikings for example, some of them sold fish. Then it evolved to trade around the world like the silk road. Overseas as the period of great navigation starting with Portugal boosting their economy 600 times and together with a creation of systems of economies, one of the most famous in the past, mercantilism. Mercantilism is a system generally based on a gold standard and balance of exports and imports.
In present economy, we can split two main systems of economies: capitalism and socialism. Capitalism was born from mercantilism, is based on a free market operated by private business and profits. Capitalism also creates competition and encourages people to work harder and be able to create their own prices.
Socialism is political and economic theory based on free enterprise, introduced to the world by Karl Marx and Friedrich Engels and adopted by many famous leaders as Joseph Stalin. The theory generally states that the public ownership and a cooperative management functions in a better way. The theory is also based on equal power-relations, eliminating a hierarchical forms of power, and of course always inclining to a free association. The economic system in a socialist based ideas asserts a direct designation of capital goods so that production is based on its demand. In this economy, people tend to ignore incentives for they will not gain reward for their initiative or creativity.
Socialism is political and economic theory based on free enterprise, introduced to the world by Karl Marx and Friedrich Engels and adopted by many famous leaders as Joseph Stalin. The theory generally states that the public ownership and a cooperative management functions in a better way. The theory is also based on equal power-relations, eliminating a hierarchical forms of power, and of course always inclining to a free association. The economic system in a socialist based ideas asserts a direct designation of capital goods so that production is based on its demand. In this economy, people tend to ignore incentives for they will not gain reward for their initiative or creativity.
In the future, I predict that out economy will evolve until we finally find a perfect economy where everyone can win and there will be no waste. For centuries, people are trying to figure it out, however, seems like not only will can solve this problem, but technology can give more options to a different future. I cannot say much about the future, but I foresee a combination of the two main economic systems: capitalism and socialism.
I like the way you introduced the three main systems of economy. The way you compared and contrasted them was very clear. I also find your prediction about the technology guiding us to the ‘perfect economy’ in the future interesting. I believe your essay would be better if you described how the different systems of economy affected people’s lives, and how people in different social classes reacted to each system of economy. You might also want to use that to support your prediction about the future.
